PetVivo Holdings shares are trading lower after the company reported a year-over-year decrease in Q1 EPS results.
Portfolio Pulse from Benzinga Newsdesk
PetVivo Holdings reported a year-over-year decrease in Q1 EPS results, leading to a drop in its share price.
August 11, 2023 | 3:55 pm
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NEGATIVE IMPACT
PetVivo Holdings' Q1 EPS results have decreased year-over-year, which has negatively impacted its stock price.
PetVivo Holdings' reported a decrease in its Q1 EPS results compared to the previous year. This negative financial performance is a key factor in the drop in its stock price, as it indicates lower profitability. Investors often react to such news by selling off shares, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100